Question: You plan to purchase a house for $145,000 using a 15-year mortgage. Down payment will be 20 percent of the purchase price. You will remain

You plan to purchase a house for $145,000 using a 15-year mortgage. Down payment will be 20 percent of the purchase price. You will remain in the house for the full term and pay it off the mortgage for the full term. Option 1: mortgage interest rate 7.25% zero points Option 2: mortgage interest rate 705%, 2 points Under option 2. how much did you receive from the bank at closing latter accounting for the points). It is dollars (do not round Intermediate calculations. Round your answers to 2 decimal places)

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